Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    County Road 115, Unit 20 Cedar Bluff, AL 35959

    Sponsored
    For Sale
    $57,700

    LAND - Cedar Bluff, AL

    Lot size:
    0.09 Acres
    Days on Market:
    74
    Last Refresh:
    Feb 1 at 4:06 pm

    Property Features for County Road 115

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1109320000026113
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Gregory Lumpkin

    LakeWeissAlabama.com (678) 986-6103

    Listing agent Gregory Lumpkin (256) 490-5872 License #42802

    Listing date Nov 20, 2025

    MLS# 21902968

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land in Waterhouse Landing

    This property is located in Waterhouse Landing, a community designed for lake living. The available lots are suited for coastal-style homes with a minimum build size of 1,000 square feet. The property offers views of Weiss Lake, a 31,000-acre lake in Alabama. This property is suitable for a full-time residence, vacation getaway, or investment property. The lot size is 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cedar Bluff
    County
    Cherokee
    State
    Alabama
    Longitude
    -85.4975
    Latitude
    34.2211

    Nearby Similar for Sale

    • $429,900
      3,367 SF

      Commercial Building in Cedar Bluff

      Multipurpose commercial building with road frontage in Cedar Bluff, AL.
      10005 Alabama Hwy 9 N, Cedar Bluff, AL 35959
      View Details
    • $165,000
      0.18 Acres

      Turnkey Lake Living Property

      Upgraded property with lake access and high-end improvements.
      3700 N Quail Run Dr, Cedar Bluff, AL 35959
      View Details
    • $146,000

      Waterfront RV Lot on Weiss Lake

      Deeded RV lot with dock, pole barn, and fifth wheel.
      County Road 115, Cedar Bluff, AL 35959
      View Details
    • $169,000
      1,680 SF

      Self-Storage Investment Opportunity

      Profitable self-storage business with strong occupancy history in Cedar Bluff.
      8395 Hwy 9, Cedar Bluff, AL 35969
      View Details
    • $350,000
      4,000 SF

      Cedar Bluff Commercial Building For Sale

      Commercial building with parking in Cedar Bluff, Alabama.
      8123 Hwy 9 N, Cedar Bluff, AL 35959
      View Details
    • Contact for pricing
      0.14 Acres

      Waterfront RV Lot with Views

      Deeded waterfront RV lot with power, water, and mountain views.
      County Rd 243, Cedar Bluff, AL 35959
      View Details
    • Contact for pricing
      0.19 Acres

      Waterfront RV Lot with Views

      Deeded waterfront RV lot with power, water, and mountain views.
      County Rd 243, Cedar Bluff, AL 35959
      View Details
    • Contact for pricing
      0.14 Acres

      Waterfront RV Lot with Views

      Deeded waterfront RV lot with power and mountain views.
      County Rd 243, Cedar Bluff, AL 35959
      View Details
    • $35,000
      0.19 Acres

      Upcoming Campground Lots Available

      Campground lots available near the water in Cedar Bluff.
      10 County Rd 182, Cedar Bluff, AL 35959
      View Details
    • $200,000
      0.51 Acres

      Land For Sale, Cedar Bluff

      Land available in Cedar Bluff, Alabama.
      Little Riv Lndg, Cedar Bluff, AL 35959
      View Details
    • Contact for pricing

      Campground Land with Water View

      Campground lot with water view and lake access.
      6 County Road 115, Cedar Bluff, AL 35959
      View Details
    • $173,000
      530 SF

      Waterfront Property on Coosa River

      Waterfront property with camper, sunroom, boat slip, and ample parking.
      880 County Road 1008, Cedar Bluff, AL 35959
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land for sale in a lakeside community on Weiss Lake.
    Where is this residential land & home lot located?
    The property is located at County Road 115, Unit 20 Cedar Bluff, AL.
    What is the asking price?
    The asking price for this property is $57,700.
    What are key features of this property?
    This property features: - Waterfront and off-water lots available in a new premier community.; - Breathtaking views of Weiss Lake (Alabama's 31,000-acre lake).; - Designed for elevated coastal-style homes.
    (678) 986-6103
    Request Owner's contact information
    County Road 115, Unit 20 Cedar Bluff, AL 35959
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    County Road 115, Unit 20
    Cedar Bluff, AL 35959
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    County Road 115, Unit 20 Cedar Bluff, AL 35959
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gregory Lumpkin
    Real Estate License ID: 42802
    (678) 986-6103
    Learn more
    Google sign-in failed. Please try again or use another login method.